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Dec 31, 2012
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we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing strong leadership in the first ten months of the year. what we've reason seen is now foreign markets picking up the slack. so i would say when we look into 2013, the opportunities most likely exist outside the united states, not in the u.s. >> outside of the united states is a large geographic area. can you narrow it down for us? like asia, europe, emerging frontier, what is it? >> of course, mandy. and that's part of the asset selection you have to do. for us one of the best areas we've seen has been in emerging market debt. it started out many years ago with the bricks and recently we've moved in the last five or six years to the n-11. by looking at those markets where we can have sovereign debt and corporate debt and relying on a good fund like the fidelity emerger. >> peter, i'm interested in what is going to be the key driver of the markets overall. i'm kind of sick of politics being the driver. right? because it means we're not driven by fun
we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing strong leadership in the first ten months of the year. what we've reason seen is now foreign markets picking up the slack. so i would say when we look into 2013, the opportunities most likely exist outside the united states, not in the u.s. >> outside of the united states is a large geographic area. can you narrow it down for us? like asia, europe, emerging frontier, what is it?...
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Dec 14, 2012
12/12
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they see the u.s. and they cecil cone valley where we are and they see all the in no vision and say that's what we want, we want innovation. maybe it's the loose american schools that do it. i think there they would make a mistake, because they are teaching skills that would be valued in the united states. the korean economy doesn't value it quite as much. >> all right doctor, thank you so much for joining us. really appreciate it. >> thanks for having me. >> all right, now, when we come back, oh man this next story makes me so angry. what the bankers got away with is literally criminal. >> there will be no prosecution of the bank or its top executives despite a decade of dealing with criminals and terrorists. >> cenk: later, we will talk about president obama's war on drugs. might be a little bit of hypocrisy there. >> u.s. attorney mill linda hague wants to oh close the nation's model dispensary, simply because we've done too good a job. fraud on wall street. things everyday exploding around the worl
they see the u.s. and they cecil cone valley where we are and they see all the in no vision and say that's what we want, we want innovation. maybe it's the loose american schools that do it. i think there they would make a mistake, because they are teaching skills that would be valued in the united states. the korean economy doesn't value it quite as much. >> all right doctor, thank you so much for joining us. really appreciate it. >> thanks for having me. >> all right, now,...
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Dec 13, 2012
12/12
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markets, and in our opinion, u.s. markets are still relatively attractively valued because they are, on our models, 20% below long term return trend sot force of reversion works in your favor, but if you look at efa, it's further below the long term trend, 35%-40% below the long term trend, and history coral lates to strong adjusted returns over the next decade. you know, that's the long term view op places like europe and asia. the shorter term view is that our tool set for tactical moves is don't fight the fed or the trend, be aware of the crowded extremes, and like in the u.s. where the fed is on a risk market side, that's true in the ecb, a huge change. the change in the ecb leadership and the embracing of american style qe is a big reason why we went from starting 2012 very underweight europe to overright europe. don't fight the feds or the trend. even on a day like today, it's fascinating in a down day that europe is beating the u.s. beware of the funded extremes, investors across the glop positioned, most under
markets, and in our opinion, u.s. markets are still relatively attractively valued because they are, on our models, 20% below long term return trend sot force of reversion works in your favor, but if you look at efa, it's further below the long term trend, 35%-40% below the long term trend, and history coral lates to strong adjusted returns over the next decade. you know, that's the long term view op places like europe and asia. the shorter term view is that our tool set for tactical moves is...
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Dec 31, 2012
12/12
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the u.s. is now on the edge of the fiscal cliff. hours to go until the deadline and as we get closer in theory, the pentagon is getting ready to layoff quite literally thousands of employees because of the automatic spending cuts that go into effect if no deal is reached in d.c. at midnight. we have more on that fall out, hunter? >> how you doing simon? ? yes, just to flush out a little bit of what ber that was talking about, is delaying the spending cuts, down to the wire of the fiscal cliff negotiations. it is an absolute must across the potomac river at the pentagon. there would be a $55 million in spending, about 10% cut in many programs while a lot could be delayed, the most immediate contingency is notifying an estimated 800,000 civilian employees about furloughs in the new year. south carolina senator lindsay graham after he was contacted by secretary of defense leon panetta. >> he says if we do that, it will shoot the defense department in the head and we will have to send out 800,000 layoff notices at the beginning of the y
the u.s. is now on the edge of the fiscal cliff. hours to go until the deadline and as we get closer in theory, the pentagon is getting ready to layoff quite literally thousands of employees because of the automatic spending cuts that go into effect if no deal is reached in d.c. at midnight. we have more on that fall out, hunter? >> how you doing simon? ? yes, just to flush out a little bit of what ber that was talking about, is delaying the spending cuts, down to the wire of the fiscal...
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Dec 31, 2012
12/12
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we will go up in u.s. stock market, but we will see even bigger percentage rises in both china and india. gerri: all right. when you look at this the thing folks are seeing a $600 billion hit to the economy. higher taxes, lower government spending. gerri: we are probably going to see amid cycle slowdown. importantly valuations are not that attractive. the bond market is really in a bowl. stocks are up 20-25% depending upon which markey looking at. we would say in 2013 whereas in 2012 the issue was still be -- guard against not being optimistic enough. we think in 20131 must guard against being too optimistic. gerri: oh boy. to you. has there been a little complacency in the market? will we have seen is the market's trading down on fiscal cliff talk that has been moving on that. you're bullish. where do you think the stocks will be rising on? we will be the news that will compel the stocks higher. >> love it is really the healing of the global economy. now that you are starting out of china and india stabil
we will go up in u.s. stock market, but we will see even bigger percentage rises in both china and india. gerri: all right. when you look at this the thing folks are seeing a $600 billion hit to the economy. higher taxes, lower government spending. gerri: we are probably going to see amid cycle slowdown. importantly valuations are not that attractive. the bond market is really in a bowl. stocks are up 20-25% depending upon which markey looking at. we would say in 2013 whereas in 2012 the issue...
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the u.s. and britain. in the cold weapons. to make the case for an intervention. how washington to deal with the fiscal cliff and what will happen if the white house and congress fail to find a solution capital accounts next on r.t. . good afternoon welcome to capital account i'm laurin mr here in washington d.c. these your headlines for friday december seventh two thousand well it's jobs day u.s. jobs numbers for november came in better than expected with the b.l.s. report showing one hundred forty six thousand jobs were added much more than expected and the unemployment rate fell to seven point seven percent but why did the rate went down because more people left the labor force and when you look at the lack of exciting increases in wages that also comes out in this report what should we really make of it all and what does it portend for housing which our guest barry habib mortgage exact thinks has been a bright spot for the economy we'll hear from them plus brace yourself the f one c meets next week and some are forecasting the fed may announce more bond purcha
the u.s. and britain. in the cold weapons. to make the case for an intervention. how washington to deal with the fiscal cliff and what will happen if the white house and congress fail to find a solution capital accounts next on r.t. . good afternoon welcome to capital account i'm laurin mr here in washington d.c. these your headlines for friday december seventh two thousand well it's jobs day u.s. jobs numbers for november came in better than expected with the b.l.s. report showing one hundred...
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Dec 8, 2012
12/12
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CNNW
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u.s. officials are working to figure out if the man played a part in the attack on the consulate in libya that killed four americans, including the u.s. ambassador. the egyptians say their suspect is the leader of a terror network. we're working our sources for you, so stay tuned, live on cnn. >>> and egypt's president could be backing off a power group that led to a national crisis. mohamed morsy says he is willing to change the decree that critics say would give him too much power. the offer would not be enough, though, to satisfy the egyptians furious. at least six people have died in clashes, we'll bring you to cairo for the latest on that. >>> and president obama and house speaker john boehner are talking again. but that is about the only thing close to progress in efforts to avoid the fiscal cliff. president obama used his weekly address insisting he is ready to make the tough decisions on spending cuts. >> i am willing to make more entitlement spending cuts on top of the one trillio
u.s. officials are working to figure out if the man played a part in the attack on the consulate in libya that killed four americans, including the u.s. ambassador. the egyptians say their suspect is the leader of a terror network. we're working our sources for you, so stay tuned, live on cnn. >>> and egypt's president could be backing off a power group that led to a national crisis. mohamed morsy says he is willing to change the decree that critics say would give him too much power....
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Dec 9, 2012
12/12
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but the best estimates that we have are that there could be a dozen u.s. military bases around the oral. the federal government, the security portion of the discretionary spending in the federal government is now up to two-thirds of all discretionary spending, security in the broad sense of intelligence and common security as well as defense. john's group on what's going on, but our, you know, our military spending is 23 percent of the global total. and so this is just -- and meanwhile there is a long list of international challenges, including unconventional security challenges that we are neglecting. and so we tried to describe that and talk about the need to, you know, figure out how to mind these international issues with the domestic ones. >> three more again. right here. >> i have been. [indiscernible] >> i think this is our really exciting mission. at think this is really exciting. and come from in the 60's and think it's more important to think about the process and is important to realize. arafat had to be done in process , it has to be done in a
but the best estimates that we have are that there could be a dozen u.s. military bases around the oral. the federal government, the security portion of the discretionary spending in the federal government is now up to two-thirds of all discretionary spending, security in the broad sense of intelligence and common security as well as defense. john's group on what's going on, but our, you know, our military spending is 23 percent of the global total. and so this is just -- and meanwhile there is...
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something that you included in your recent writing and it is really a last word to have ok it is a u.s. domestic investment net of depreciation so essentially as you explained it to me this shows that businesses aren't investing enough to keep up with how the country's capital stock is depreciating it sounds alarming but what exactly does this mean. well it means that growth in the future that is not just cyclical you but structurally that is potential growth is going to be weaker now the capital stock is the engine is the factory is the motor is all of the above for the economy and if it shrinking it produces alas the problem is the united states' economy in the recent years has been consuming its capital stock that's like burning furniture to heat the whole according to a famous economist leunig for me says it's very counterproductive and i believe the fed is directly contributing to this capital consumption by keeping interest rates artificially low so that there is little incentive to say and the lack of savings implies a lack of investment not even enough reinvestment to cover for
something that you included in your recent writing and it is really a last word to have ok it is a u.s. domestic investment net of depreciation so essentially as you explained it to me this shows that businesses aren't investing enough to keep up with how the country's capital stock is depreciating it sounds alarming but what exactly does this mean. well it means that growth in the future that is not just cyclical you but structurally that is potential growth is going to be weaker now the...
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Dec 21, 2012
12/12
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the u.s. economy is at stake here. millions upon millions of families are counting on us to do something. look, it's the president's job. it is his job to find a solution that can pass the congress. he is the only one who can do it. this isn't john boehner's problem to solve. he has done his part. he's bent over backwards. mr. president, how about rallying your party around a solution? how about getting democrats to support something? i've said it many types before, we simply cannot solve the problems we face unless and until the president of the united states either finds the will or develops the ability to leave. this is a moment that calls for presidential leadership. that the way out of this. ity it's that simple. does anyone wonder why we keep going from crisis to crisis around here? anybody notice a pattern? this doesn't have to be a crisis. this was an opportunity. but once again, the president ignored it. he went out and held rallies, gave partisan speeches, even after he had been re-elected. as i said yesterda
the u.s. economy is at stake here. millions upon millions of families are counting on us to do something. look, it's the president's job. it is his job to find a solution that can pass the congress. he is the only one who can do it. this isn't john boehner's problem to solve. he has done his part. he's bent over backwards. mr. president, how about rallying your party around a solution? how about getting democrats to support something? i've said it many types before, we simply cannot solve the...
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Dec 15, 2012
12/12
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the u.s. stepped up missile defense along syria's border with turkey, hoping to stave off the potential use of chemical weapons against anti-assad rebels. for the first time the u.s. is formally recognizing rebels' attempt to overthrow president assad and we are at the end game, or are we? martha? >> i think we're closer then we have ever been certainly. i think even two weeks ago there were a lot of people saying this could be months and months and months. we have no idea when this will end. but i think if you look at where those rebels are advancing in damas cass, i think it really could end there. you've got suburbs. you're seeing this extraordinary video coming out of damascus with the suburbs virtually on fire. the thing i think is most frightening about this is everybody, the rebels, regime, everybody is just trying -- destroying everything in their path. then you get into the terrible thing with retribution. you have rebels advancing. you have regime fighting back. but i think asan has
the u.s. stepped up missile defense along syria's border with turkey, hoping to stave off the potential use of chemical weapons against anti-assad rebels. for the first time the u.s. is formally recognizing rebels' attempt to overthrow president assad and we are at the end game, or are we? martha? >> i think we're closer then we have ever been certainly. i think even two weeks ago there were a lot of people saying this could be months and months and months. we have no idea when this will...
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Dec 14, 2012
12/12
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one u.s. official says the state department may not he release the report on its own benghazi negotiation. team fox coverage continues now. catherine herridge live for us on capitol hill. does the department have to release that report? >> well, thank you, harris and good evening. tonight fox news has reviewed the regulations here. there are 15 pages long that governor the state department's interrible investigation there does not appear to be a requirement for secretary of state hillary clinton to give the entire report to congress. there only seems to be a requirement for the secretary to provide a written sum troy congress findings of the report so we may be looking at another looming battle giving that entire report here to capitol hill, harris. >> you see secretary clinton in video there. conflicting reports today about whether or not she would actually testify on capitol hill at this point. >> we had a whole back and forth today with two congressional committees saying that they expect s
one u.s. official says the state department may not he release the report on its own benghazi negotiation. team fox coverage continues now. catherine herridge live for us on capitol hill. does the department have to release that report? >> well, thank you, harris and good evening. tonight fox news has reviewed the regulations here. there are 15 pages long that governor the state department's interrible investigation there does not appear to be a requirement for secretary of state hillary...
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Dec 19, 2012
12/12
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europe is basically flat, the u.s. is improving, but it is not exactly galloping and, you know, we are entering probably a weak quarter where people are hoping it will be stronger over the course of the year, china is slowing some and in general all of the emerging markets are slower than they were most of them india has slowed dramatically, brazil is slow, so yes, indeed it is a fragile situation, when the u.s. is one of the bright spots, you know, eking out make two percent growth, one percent growth this quarter you know things aren't very good. >> rose: do you expect to see, speaking of the united states, growth rate getting back close to four percent? >> well, you know, it is in the realm of possibility, but i think the trend growth rate, you know, is going to be more on the order of two and a half and i mean some days some quarters it will be worse than that, some quarters it will be better than that. there are many private forecasters calling for it to be three percent by years end, i think we are doing pretty w
europe is basically flat, the u.s. is improving, but it is not exactly galloping and, you know, we are entering probably a weak quarter where people are hoping it will be stronger over the course of the year, china is slowing some and in general all of the emerging markets are slower than they were most of them india has slowed dramatically, brazil is slow, so yes, indeed it is a fragile situation, when the u.s. is one of the bright spots, you know, eking out make two percent growth, one...
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Dec 21, 2012
12/12
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., and we're already seeing some u.s. multinationals, you know, that are really strained not only domestically, but the world's, you know, abroad. there may be better growth opportunities. >> overall, corporate earnings growth is going to be driven by a couple of things. you need to have widening margins or expanding top lines. the margin issue has largely been used up. it's been -- you have the benefit, all those deficiencies that have taken place plus an exceptionally low cost of capital driven by low interest rates. the margins are probably as wide as they're going to get. we don't see a really robust economic picture either. this story makes that a little bit worse. analysts have been pretty optimistic about earnings growth for u.s. companies for a number of years and you usually don't get that ad infinitum at a 45 degree angle. so the expectation for earnings growth, we have to mute our expectations somewhat. >> we already heard so many conference calls during earnings season the excuse of the fiscal cliff delaying t
., and we're already seeing some u.s. multinationals, you know, that are really strained not only domestically, but the world's, you know, abroad. there may be better growth opportunities. >> overall, corporate earnings growth is going to be driven by a couple of things. you need to have widening margins or expanding top lines. the margin issue has largely been used up. it's been -- you have the benefit, all those deficiencies that have taken place plus an exceptionally low cost of...
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Dec 6, 2012
12/12
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CURRENT
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it does not alter u.s. law. it does not change u.s. law in any way. what was the opposition of the republican party? i struggled all day to find a rational opposition, a rational argument. >> well, there were all kinds of very very unfounded charges made about this law. you're absolutely right. it does not in any way enhance or extend united states law. what it does is extend it to other countries. extend those standards that enable people with disabilities to enjoy in other countries the same law and legal protections access fair and just treatment that they are accorded here. you asked the really one of the key questions here where to go now? because it will be brought back in the 113th congress. my hope is that veterans will carry the day here. veterans organizations very strongly supported this law and the treaty, and my hope is that they will carry the day. >> eliot: you refer to the fact you were there. senator dole in the well of the senate saying to his fellow republicans, please vote for this. he is, of course, a wounded veteran for whom this
it does not alter u.s. law. it does not change u.s. law in any way. what was the opposition of the republican party? i struggled all day to find a rational opposition, a rational argument. >> well, there were all kinds of very very unfounded charges made about this law. you're absolutely right. it does not in any way enhance or extend united states law. what it does is extend it to other countries. extend those standards that enable people with disabilities to enjoy in other countries the...
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Dec 23, 2012
12/12
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a u.s. marine held in one of mexico's notorous prisons for mongs now back on u.s. soil and head back home for christmas. he tried to do the right thing but authorities at the border didn't see it that way. new details on his return to america and freedom. >> also we rarely hear anything from the cia about covert operations. but this movuv has the secretative organization speaking out. america's top fipefive reacting to the film of the capture of osama bin laden. the crit terof zero dark 30. >> and a shopping cart with a baby inside rolls out of a parking lot and straight into oncoming traffic . >> i am harris faulkner and we begin with a taste of freedom. an end to an ordeal that drew outrage in america. it started in august. 's 27 year old combat veteran was headed to corsa ricka on a trip. it belonged to his great grandfather. hammar attempted to clear it and they arrested him saying that the gun was illegal. they threw him in a lock up . those thungs the place. they threatened his life. hammar leaving last night with a police escort. we are told his father greet
a u.s. marine held in one of mexico's notorous prisons for mongs now back on u.s. soil and head back home for christmas. he tried to do the right thing but authorities at the border didn't see it that way. new details on his return to america and freedom. >> also we rarely hear anything from the cia about covert operations. but this movuv has the secretative organization speaking out. america's top fipefive reacting to the film of the capture of osama bin laden. the crit terof zero dark...
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Dec 13, 2012
12/12
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meanwhile, u.s. is officially recognizing syria's main opposition group, as country'slyity matt representative. fox news national contract with correspondent with the latest. >> reporter: as opposition forces advance toward diagram damascus, president obama confirmed in an interview with abc news some officials have u.s. backing. >> is now inclusive enough, is reflective and representative enough of syrian population we occur them the -- consider them the legitimate representative of the syrian people in opposition to the assad regime. >> reporter: u.s. officials confirm that this week's fighting showed that the conflict is escalating. >> we're seeing use of another weapon, a barrel bomb, that is contains flammable materials, a napalm-like thing. >> reporter: the move to recognize elements of the syrian opposition, brought to a rebuke from russian foreign minister whose government has backed negotiation between the syrian president al-assad and the opposition, given u.s. involvement in libya and iraq
meanwhile, u.s. is officially recognizing syria's main opposition group, as country'slyity matt representative. fox news national contract with correspondent with the latest. >> reporter: as opposition forces advance toward diagram damascus, president obama confirmed in an interview with abc news some officials have u.s. backing. >> is now inclusive enough, is reflective and representative enough of syrian population we occur them the -- consider them the legitimate representative...
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Dec 14, 2012
12/12
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where are you on the u.s. market right now? >> you know, i think right now, probably to the end of year, if we can get some kind of movement on this fiscal cliff, you have a real potential for a pop, 3%, 4%, 5%. unfortunately, as i look to 2013, i'm looking at u.s. austerity. so the question is how much is that going to be, and if it's a lot and the rest of the world can't pick up the slack, then we've got problems. if it's just a little, in china and europe, can actually come out of what they've been in, then we might be okay. >> but there's nothing wrong with buying global markets. >> no wrong at all. and it's easy these days. >> it's fairly inexpensive these days. >> it's inexpensive. europe is very cheap in terms of valuation. there's plenty of etfs to do it. these days it's very easy for anyone to do and there's plenty of places to make some money. >> all right, terrific stuff. brian kelly. we call him bk. >>> poll after poll shows the republican party has an image problem. a branding problem. the question is can it be fix
where are you on the u.s. market right now? >> you know, i think right now, probably to the end of year, if we can get some kind of movement on this fiscal cliff, you have a real potential for a pop, 3%, 4%, 5%. unfortunately, as i look to 2013, i'm looking at u.s. austerity. so the question is how much is that going to be, and if it's a lot and the rest of the world can't pick up the slack, then we've got problems. if it's just a little, in china and europe, can actually come out of what...
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Dec 14, 2012
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and today, the u.s. immigration and customs enforcement agency has signed on to a pilot testing program for the device. maybe it's customers stocking up on their holiday ales. boston beer raised its profit look for the year late yesterday, leading to a rally today. boston beer's best known brew is sam adams. shares jumped 15.5%, shooting up to an all-time high. credit for the better forecast goes to the timing of certain expenses. all the five most actively traded exchange traded products were down. the nasdaq 100 tracking fund had the biggest drop, down eight tenths of a percent. and that's tonight's "market focus." >> susie: fiscal cliff negotiations going into the 11th hour, how will that affect the outlook for next year. we'll ask b.m.o asset management's sandy lincoln. he's this week's "market monitor" guest. and why a new program to help student loan borrowers could mean a big win for high earners with graduate degrees. >> its medical marijuana business is a $2 billion a year industry already. it's
and today, the u.s. immigration and customs enforcement agency has signed on to a pilot testing program for the device. maybe it's customers stocking up on their holiday ales. boston beer raised its profit look for the year late yesterday, leading to a rally today. boston beer's best known brew is sam adams. shares jumped 15.5%, shooting up to an all-time high. credit for the better forecast goes to the timing of certain expenses. all the five most actively traded exchange traded products were...
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Dec 4, 2012
12/12
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CSPAN
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you do not want to play with the u.s. economy. not raising the debt ceiling can create all kinds of problems. it could potentially make the u.s. currency no longer the world currency. that means some of the benefits we enjoy in this economy would disappear. host: jerome, democrat, go ahead. caller: thank you for c-span. my comment is all of the payroll taxes are computed on the gross pay. it seems each tax figured on the gross pay after the first one becomes a tax on a tax. guest: you are right that social security taxes are applied based on the total amount of income in terms of your wage income or paycheck. i did not totally understand the second part of the question, but i would say it serves a security payroll taxes are important. they are regressive. they are a flat tax on wages. the other problem with social security taxes is other areas are not subject to social security taxes. income from investments are not subject to that. it used to be 90% of one's income was taxed by social security or hit by the payroll tax. now we're
you do not want to play with the u.s. economy. not raising the debt ceiling can create all kinds of problems. it could potentially make the u.s. currency no longer the world currency. that means some of the benefits we enjoy in this economy would disappear. host: jerome, democrat, go ahead. caller: thank you for c-span. my comment is all of the payroll taxes are computed on the gross pay. it seems each tax figured on the gross pay after the first one becomes a tax on a tax. guest: you are right...
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Dec 12, 2012
12/12
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in line with that, the u.s. will formally recognize the opposition council as the leader of the syrian people. officials say that the u.s. afghan force may total 9000 after the year 2014. the obama administration plans to keep between 6009 thousand troops in afghanistan after 2014 and they will confine most of them to fortified garrisons near the capital, leaving afghan troops largely without american the advisers in the field. another story from afghanistan -- "slow gains in justice for females." women who are victims of violence often report abuse that -- rarely report abuses to government authorities and rarely see their cases go to trial." that is a story in "the new york times." looking at the domestic front, "ben bernanke is to make a last fiscal cliff police." "topping a yearlong campaign, he would get one last chance to talk washington down from the fiscal cliff. host: c-span will be carrying that press conference live, fed chairman ben bernanke, on c-span 3. you can find that at 2:15 p.m. eastern time.
in line with that, the u.s. will formally recognize the opposition council as the leader of the syrian people. officials say that the u.s. afghan force may total 9000 after the year 2014. the obama administration plans to keep between 6009 thousand troops in afghanistan after 2014 and they will confine most of them to fortified garrisons near the capital, leaving afghan troops largely without american the advisers in the field. another story from afghanistan -- "slow gains in justice for...
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Dec 14, 2012
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the u.s. ambassador to the united nations withdrew her name from consideration yesterday after a standoff with republicans led by senator mccain. who vowed to block her nomination. after notifying the president, rice sat down with nbc's brian williams to explain her decision. >> i made the decision that it was the best thing for our country, for the american people that i not continue to be considered by the president for nomination as secretary of state because i didn't want to see a confirmation process that was very prolonged, very politicized, very distracting and very disruptive, because there are so many things we need to get done as a country. >> the controversy surrounding rice stems from her september appearance on the sunday morning talk shows where she repeatedly characterized a terror attack against the u.s. consulate in benghazi as a protest gone wrong. a statement from the white house maintains her comments were based on intelligence she had at the time. rice explained why it was
the u.s. ambassador to the united nations withdrew her name from consideration yesterday after a standoff with republicans led by senator mccain. who vowed to block her nomination. after notifying the president, rice sat down with nbc's brian williams to explain her decision. >> i made the decision that it was the best thing for our country, for the american people that i not continue to be considered by the president for nomination as secretary of state because i didn't want to see a...
SFGTV: San Francisco Government Television
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Dec 25, 2012
12/12
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SFGTV
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according to the u.s. surgeon general, there's no safe level of exposure to second hand smoke and it's a cancer (inaudible) as well. outdoors second hand smoke that reach the same levels as indoughs so it's really not safe. for many months breathe california , as an institution working to create this ordinance that would require that a no smoking sign be posted on all street events, that several announcements be made to indicate that events are smoke free and that all promotional materials and advertising materials in events include information that the event is smoke free and in case of a violation, the director of transportation and iscad, which is kind of our coordinating agency in the city, will consider any prior violations of this ordinance on all permit applications for outdoor events requiring their review and approval. this proposed ordinance is endorsed by quite a few community organizations including the san francisco asthma task force, the tobacco free coalition, the african american tobacco co
according to the u.s. surgeon general, there's no safe level of exposure to second hand smoke and it's a cancer (inaudible) as well. outdoors second hand smoke that reach the same levels as indoughs so it's really not safe. for many months breathe california , as an institution working to create this ordinance that would require that a no smoking sign be posted on all street events, that several announcements be made to indicate that events are smoke free and that all promotional materials and...
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Dec 22, 2012
12/12
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FOXNEWSW
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it took immense u.s. media coverage and pressure from the state department to get the mexican authorities to drop all charges against him. in the end they determined while it was illegal for him to have taken the gun into the the country, he never intended to commit a crime and it appears with the pressure of the the state department, and something of a face-saving compromise for the mexicans in order to get him released. jamie, back to you. >> jamie: on this one, dominic, chained to that bed for four months, that's a crime. we're so happy that johnnie will be home with his family where he belongs and i hope his health holds up, wish him the best. thank you, dominic. >> reporter: absolutely. >> kelly: president obama announcing the first member of his new foreign policy team on friday. nominating massachusetts senator john kerry to become his next secretary of state, the move as the administration faces a host of pressing issues from the fallout over the september 11th terror attacks on the u.s. consulate
it took immense u.s. media coverage and pressure from the state department to get the mexican authorities to drop all charges against him. in the end they determined while it was illegal for him to have taken the gun into the the country, he never intended to commit a crime and it appears with the pressure of the the state department, and something of a face-saving compromise for the mexicans in order to get him released. jamie, back to you. >> jamie: on this one, dominic, chained to that...
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Dec 31, 2012
12/12
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CNBC
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>> first of all i agree with john that the u.s. market remains fairly attractive. the thing about international is a couple things. first of all, if you look at a broad index efa is stretched to the downside than historic levels. the s&p looks attractive. the other thing is the policy mandate in places like europe believe it or not for the first time in a really long time they actually may be clearer than the u.s. >> chris, is there something about the fiscal cliff, deal or no deal, that makes you concerned about u.s. equities versus international ones? >> well, yes. but i think it's a relative concern. because i think risk assets around the world are attractively valued right now. but you're absolutely right. regardless of what sort of deal we get today or in the next three months, the fact of the matter is it will have an adverse impact next year. the question is is it going to be bad enough to throw the country into recession or not? we suspect not. and you're seeing today that it looks like a -- that both political sides have been able to find common ground on
>> first of all i agree with john that the u.s. market remains fairly attractive. the thing about international is a couple things. first of all, if you look at a broad index efa is stretched to the downside than historic levels. the s&p looks attractive. the other thing is the policy mandate in places like europe believe it or not for the first time in a really long time they actually may be clearer than the u.s. >> chris, is there something about the fiscal cliff, deal or no...
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Dec 31, 2012
12/12
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harwood is reporting that there will be no vote in the house tonight, and according to his sources, the u.s. will go over the fiscal cliff. what's your reaction to that? have you heard that -- >> we can confirm that. >> i love john harwood, but luke and i have been reporting the same thing, jonathan, so there. >> okay. so we're going over the cliff? >> apparently. that's the bad news. the good news is, the parameters of a deal are definitely there. as you described, jonathan, the sticking point remains this so-called trigger, the sequester. remember, they agreed upon it last summer in july and august of 2011 when they came to that big debt ceiling deal. if there were no decision on how to cut government spending by now, these draconian cuts, indiscriminate across the board to defense half of it, $500 billion in domestic programs, the other half of it, the other $500 billion would go into effect. and now some want to have that delayed. they want to have it put off. the house of representatives, the leadership there is saying absolutely no way. there are ironies that abound all along here in
harwood is reporting that there will be no vote in the house tonight, and according to his sources, the u.s. will go over the fiscal cliff. what's your reaction to that? have you heard that -- >> we can confirm that. >> i love john harwood, but luke and i have been reporting the same thing, jonathan, so there. >> okay. so we're going over the cliff? >> apparently. that's the bad news. the good news is, the parameters of a deal are definitely there. as you described,...
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Dec 5, 2012
12/12
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CSPAN
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we have u.s. companies sitting on profits that we need to repatriate and get back into the u.s., and the third stage, the longer run, we do need to look towards more revenue sources. we cannot look at this with the aging society based on just looking at the income tax and payroll tax systems, which is why the carbon tax really does commend itself to me. tax that which you want less of. carbon emissions. carbon tax will raise $150 million a year. that is real money that we need not only to broaden the revenue base for an aging society, but it will also help lubricate the tough tax tradeoffs and horsetrading we will have next year. >> on the corporate tax rate, we have not talked about it that much. what does this mean in your business? >> it is not just the rate itself. that we are going to do something comprehensive and real. again, you are competing with the u.k. parliament. they put their tax at 20%. there is no tax on repatriation. japan used to be the highest tax rate in the world, and we were
we have u.s. companies sitting on profits that we need to repatriate and get back into the u.s., and the third stage, the longer run, we do need to look towards more revenue sources. we cannot look at this with the aging society based on just looking at the income tax and payroll tax systems, which is why the carbon tax really does commend itself to me. tax that which you want less of. carbon emissions. carbon tax will raise $150 million a year. that is real money that we need not only to...
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Dec 1, 2012
12/12
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it's the longest war in u.s. history and we were fighting it at the same time as another one of the longest wars in u.s. history. . if you told anybody in advance of that plan that that's how our country would spend the first decade plus of the 21st century, you would have been laughed at. before we started doing it, you could not have convinced anyone that after we closed our secret prisons in places like romania, we'd keep one in a nearby communist country that doesn't want us there. in advance of us starting to do that, how would you have convinced somebody we were going to do these things? how would you convince them that the united states would consider it it legal to find a wanted american citizen living abroad, track him down, and then for the u.s. government to kill him with a missile in that other country? the man's father went to court to try to stop the u.s. government from doing it. the father sued to say in advance that his son should be arrested instead of killed on the spot if he was found, but he
it's the longest war in u.s. history and we were fighting it at the same time as another one of the longest wars in u.s. history. . if you told anybody in advance of that plan that that's how our country would spend the first decade plus of the 21st century, you would have been laughed at. before we started doing it, you could not have convinced anyone that after we closed our secret prisons in places like romania, we'd keep one in a nearby communist country that doesn't want us there. in...
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Dec 18, 2012
12/12
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KTVU
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among the changes are a requirement for written receipts and submitting receipts. >>> u.s. airlines continues to set new records. airlines received $924 million in baggage fees. that is up 3% from last year. delta and united collected the most at $187 million for united and delta 663 million this year. >>> because of the rain drivers had to deal with wet road today over the bay area. this is highway 17 in the mountains. the wet roads led to a few fender benders on roadways. weather permitting crews will be out tonight repairing damage from the rain. traffic delays are expected. one way traffic on highway one at 7:00 p.m. they do work to prevent further emotion. >>> let's go over to our chief meteorologist bill martin. >> rain and cooler weather. you are feeling it outside now. tomorrow morning, tonight, if you are going out, you will need jackets. the rain ended and now it will get chilly and colder into wednesday morning. outside the rainfall accumulations were -- well, they weren't horribly light. half inch in santa rosa. 15/100 in san jose. not bad. right now looking at
among the changes are a requirement for written receipts and submitting receipts. >>> u.s. airlines continues to set new records. airlines received $924 million in baggage fees. that is up 3% from last year. delta and united collected the most at $187 million for united and delta 663 million this year. >>> because of the rain drivers had to deal with wet road today over the bay area. this is highway 17 in the mountains. the wet roads led to a few fender benders on roadways....
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Dec 20, 2012
12/12
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KTVU
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cupertino a u.s. marine is a victim of a shooting. the carb was hit, he -- car was hit, he was not hit. ktvu's ken pritchett is live with how the sherriff's department is searching for the shooter. >> reporter: you can see highway 85. it was at 1:00 p.m. when the officer heard a noise, his back window shattered. he realized his car was shot, that led to a investigation and a shut down of highway 85 with many questions unanswered. >> reporter: police wouldn't identify which marine was driving this car. shattered windows. you see a car with three bullet holes in the drive side doors. >> he gets alerted, notices there is a pop from his window. pulls over and quickly discovers that he has been shot at. more than once, multiple times. >> reporter: to answer the questions investigators shut down interstate 85. this is where the car was hit. the search was on for evidence. as you can see from news chopper 2 traffic was at stand still for an hour as investigators paced the freeway. while it is unclear where the shots came from the sherriff's
cupertino a u.s. marine is a victim of a shooting. the carb was hit, he -- car was hit, he was not hit. ktvu's ken pritchett is live with how the sherriff's department is searching for the shooter. >> reporter: you can see highway 85. it was at 1:00 p.m. when the officer heard a noise, his back window shattered. he realized his car was shot, that led to a investigation and a shut down of highway 85 with many questions unanswered. >> reporter: police wouldn't identify which marine...
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u.s. consulate in benghazi, libya. it was a tragic situation where american lives were lost and in the three months since the attack, legitimate questions of adequate embassy security, americas overall advocacy in fighting the war on terror and the intricate dance between national security confidentiality and the public's right to know have all been distilled down, thrown out and replaced with this one urgent conclusion concerning current u.s. ambassador to united nations susan rice. >> i will do everything in my power to black her from being the united states secretary of state. she's not qualified. >> jon: that's senator john mccain continuing his seven year quest to negate every good thing he'd ever done prior to that. (laughter) this time leading the charge to preempt as an of now hypothetical obama nomination for secretary of state to replace hillary clinton. why? because five days after the benghazi attacks, susan rice went on the sunday talk shows and said this: . >> the best assess
u.s. consulate in benghazi, libya. it was a tragic situation where american lives were lost and in the three months since the attack, legitimate questions of adequate embassy security, americas overall advocacy in fighting the war on terror and the intricate dance between national security confidentiality and the public's right to know have all been distilled down, thrown out and replaced with this one urgent conclusion concerning current u.s. ambassador to united nations susan rice. >> i...
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Dec 5, 2012
12/12
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CNNW
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we're looking at a real reduction in the u.s. gdp, in the u.s. economy and if the u.s. economy slows down, dramatically, that spreads like wildfire across the rest of the world. so it's not a couple hundred thousand jobs in the u.s. we're talking about tens of millions of jobs around the world and in an unstable world, i think we have to look beyond -- beyond ideology and get to a solution. >> i would take the clinton tax rates in a heartbeat if i could get the clinton spending rates. but neither side wants to talk about spending. it's not a deal to me if they're not going to talk about spending. same tax rates. >> i agree with you, eric. i think you're right. i wrote about that, too. but i think the president now, he's sort of signaled that he may be looking for some wiggle room here. later this afternoon he said that he wanted the tax rate cut now and he would be happy to look at lowering them again in a bigger package, but i agree with you. i think we have to get serious about these spending cuts. i just applied for social security and i want mine. >> all right. rich
we're looking at a real reduction in the u.s. gdp, in the u.s. economy and if the u.s. economy slows down, dramatically, that spreads like wildfire across the rest of the world. so it's not a couple hundred thousand jobs in the u.s. we're talking about tens of millions of jobs around the world and in an unstable world, i think we have to look beyond -- beyond ideology and get to a solution. >> i would take the clinton tax rates in a heartbeat if i could get the clinton spending rates. but...
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Dec 19, 2012
12/12
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WTTG
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an independent panel investigating the attack on the u.s. cons land in libya says the state department is to blame. ambassador chris stevens and three others were killed in the september 11th attack. there were system attic failures at the state department no one ignored or violated their duties and the board did not recommend discipline. however the panel did recommendation changes to improve embassy security. >>> tonight the u.s. is less than two weeks from the fiscal cliff and both sides are talking, there's still no deal. leaders in washington are trying to come up with a back up plan to avoid a financial fallout on new year's. tom fitzgerald has the latest. >> reporter: with just 13 days left until the fiscal cliff hits, democrats and republicans are trying to outmaneuver each other. >> at the same time we'll continue to talk with the president. >> reporter: house speaker john boehner wants taxes to rise only on people making more than $1 million and said the president has to cut more spending. >> the white house offered yesterday was e
an independent panel investigating the attack on the u.s. cons land in libya says the state department is to blame. ambassador chris stevens and three others were killed in the september 11th attack. there were system attic failures at the state department no one ignored or violated their duties and the board did not recommend discipline. however the panel did recommendation changes to improve embassy security. >>> tonight the u.s. is less than two weeks from the fiscal cliff and both...
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Dec 30, 2012
12/12
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FBC
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then there are restrictions on u.s. exporters, lower tariffs in good deal for them. awaiting the attention of lawmakers and again, they are not even paying any attention. and today, they are threatening to do something with the hurricane sandy relief bill. the hurry up and get it done attitude of small-business owners. a 9foot wave of flood water hit her store. she has picked up the pieces and opened her doors for business. despite losing all her equipment and furnishings, her insurance denied her claim a she got no lp from the government. take a look at ths. they got her back in the business. it pretty awesome, right? the party of procrastination can take a lesson from the small-business oer in staten island, w york. congress has nothing to show for itself after two years. coming up next, how the massive gains in the fiscal cliff could impact your 401k and the economy. stay with us gerri: you make it, they take it. 23.8% is the raise that policymakers will see on capital gains. chris edwards joins me now. he is director for tax policy studies at the cato institute.
then there are restrictions on u.s. exporters, lower tariffs in good deal for them. awaiting the attention of lawmakers and again, they are not even paying any attention. and today, they are threatening to do something with the hurricane sandy relief bill. the hurry up and get it done attitude of small-business owners. a 9foot wave of flood water hit her store. she has picked up the pieces and opened her doors for business. despite losing all her equipment and furnishings, her insurance denied...
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Dec 30, 2012
12/12
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CSPAN
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in accordance with u.s. policy, a small team of u.s. troops are currently in the field helping local forces hunt this killer. . they believe an effort to could help bholser their efforts, they are asking for this, they think this can make a difference on the ground. let's answer their call and send this bill to the president for his signature and i thank my colleagues for their support. the speaker pro tempore: the gentlelady reserves her time they have gentleman from california is recognized. mr. berman: yes, mr. speaker, i have no further requests for time and will yield back the balance of my time. the speaker pro tempore: the gentleman from california yields back. the gentlelady from florida. ms. ros-lehtinen: i also have no further requests for time and i yield back the balance of our time. the speaker pro tempore: the the question is, will the house suspend the rules and pass senate 2318. those in favor say aye. those opposed, no. in the opinion of the chair, 2/3 -- ms. ros-lehtinen: mr. speaker, i object to the vote on the ground
in accordance with u.s. policy, a small team of u.s. troops are currently in the field helping local forces hunt this killer. . they believe an effort to could help bholser their efforts, they are asking for this, they think this can make a difference on the ground. let's answer their call and send this bill to the president for his signature and i thank my colleagues for their support. the speaker pro tempore: the gentlelady reserves her time they have gentleman from california is recognized....
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Dec 23, 2012
12/12
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FOXNEWSW
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coming up, the u.s. military help was only a couple of hours away for those in benghazi but why were they left alone to die? and later, finally some good news. we will update you on the story of a former marine jailed for months in mexico. >>> there simply was not enough time for u.s. military forces to have made a difference. having said that it is not reasonable nor feasible to tether u.s. forces at the ready to respond to protect every high risk post in the world. >> judge jeanine: so did they really not have enough time to save american lives? joining me is fox news military analyst retired u.s. army colonel david hunt who joins us from boston and former cia operative mee mike baker from boise, idaho. thanks for being with us. start with you, colonel. was there not enough time? >> that is crap. >> judge jeanine: that's crap? >> it is just not believable. this fight goes on for seven hours. if it wasn't for the cia action going down the street in the middle of a fire fight more people would have lost
coming up, the u.s. military help was only a couple of hours away for those in benghazi but why were they left alone to die? and later, finally some good news. we will update you on the story of a former marine jailed for months in mexico. >>> there simply was not enough time for u.s. military forces to have made a difference. having said that it is not reasonable nor feasible to tether u.s. forces at the ready to respond to protect every high risk post in the world. >> judge...